wall street firm

Temasek Raises Merrill Investment

Singaporean state investment firm Temasek has boosted its stake in Merrill, exercising an option to buy $600 million of the Wall Street firm's...

Fed and rival bail out Bear Stearns

Forbes - The rescue came from JPMorgan Chase & Co. and, in an extraordinary step, the Federal Reserve, both rushing to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to ...

Bailout Casts Doubt on Bear Stearns' Future

NPR News - The rescue came from JPMorgan Chase & Co. and, in an extraordinary step, the Federal Reserve, both rushing to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to ...

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